With Jonathan Bell, Michael Eizenga, Eric Hoaken
On October 21, 2011, the Supreme Court of British Columbia released the reasons of Justice Harris in Round v. MacDonald, Dettwiler and Associates Ltd., 2011 BCSC 1416. Round is the first decision from British Columbia to apply the leave test under Part 16.1 of the province’s Securities Act (BCSA), which creates a civil liability regime for secondary market disclosure.